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MAD to PAB Converter and calculator

MAD/PAB: 1 MAD = 0.{5}3908 PAB. The price of converting 1 MAD (MAD) to Panamanian Balboa (PAB) is 0.{5}3908 PAB today.
MAD
MAD
PAB
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAD to PAB real-time exchange rates, making it easy to convert MAD (MAD) to Panamanian Balboa (PAB). The conversion result is based on real-time data. The conversion result shows that 1 MAD is currently valued at 0.{5}3908 PAB. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAD is currently valued at 0.{5}3908 PAB, which means buying 5 MAD would cost 0.{4}1954 PAB. Similarly, B/.1 PAB can be converted to 255,896.36 MAD, and B/.50 PAB can be converted to 1,279,481.82 MAD, excluding any platform or gas fees.

Convert MAD to PAB

Convert PAB to MAD

MAD
Panamanian Balboa
10 MAD
0.{4}3908  PAB
20 MAD
0.{4}7816  PAB
50 MAD
0.0001954  PAB
100 MAD
0.0003908  PAB
200 MAD
0.0007816  PAB
500 MAD
0.001954  PAB
1000 MAD
0.003908  PAB
5000 MAD
0.01954  PAB
10000 MAD
0.03908  PAB
In the table above, you'll find a comprehensive MAD to PAB converter that shows the value of MAD in Panamanian Balboa across commonly used conversion amounts. The list covers conversions from 1 MAD to PAB, all the way up to 10000 MAD, providing a clear view of their respective values.
Panamanian Balboa
MAD
10 PAB
2,558,963.64 MAD
50 PAB
12,794,818.2 MAD
100 PAB
25,589,636.4 MAD
200 PAB
51,179,272.8 MAD
500 PAB
127,948,182.01 MAD
1000 PAB
255,896,364.02 MAD
2000 PAB
511,792,728.04 MAD
5000 PAB
1,279,481,820.1 MAD
10000 PAB
2,558,963,640.2 MAD
50000 PAB
12,794,818,200.99 MAD
100000 PAB
25,589,636,401.97 MAD
In the table above, you'll find a comprehensive PAB to MAD converter that shows the value of Panamanian Balboa in MAD across commonly used conversion amounts. The list covers conversions from 1 PAB to MAD, all the way up to 100000 PAB, providing a clear view of their respective values.

MAD to PAB chart

MAD/PAB: 1 MAD = 0.{5}3908 PAB; 2025/06/21 04:54:46
In the past 1D, MAD has changed -5.80% to PAB. Based on the trend and price charts, MAD(MAD) has changed -5.80% to PAB while Panamanian Balboa(PAB) has changed % to MAD in the last 24 hours.
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MAD to PAB conversion data: Volatility and price changes of MAD in PAB

The highest MAD price in PAB over the past 7 days was 0.{5}4743 PAB while the lowest MAD price in PAB over the past 7 days was 0.{5}3781 PAB. The relative change between the highs and lows in MAD price in PAB over the last 7 days indicates a volatility of %. You can view additional volatility data and MAD to PAB prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.{5}4199 PAB
0.{5}4743 PAB
0.{5}9175 PAB
0.{4}1067 PAB
Low
0.{5}3781 PAB
0.{5}3781 PAB
0.{5}3581 PAB
0.{5}2660 PAB
Average
0 PAB
0 PAB
0 PAB
0 PAB
Volatility
%
%
%
%
Change
-5.80%
-6.84%
-47.24%
-3.43%

MAD information

MAD to PAB market statistics

MAD/PAB:
B/.0.{5}3908
MAD 24h volume:
B/.713,514.27
MAD market cap:
B/.3,907,746.36
MAD circulating supply:
999.98B MAD

Current MAD to PAB exchange rate

MAD to Panamanian Balboa is falling this week.
MAD's current market price is B/.0.{5}3908 per MAD, with a total market cap of B/.3,907,746.36 PAB based on a circulating supply of 999,978,100,000 MAD. The trading volume of MAD has changed by +7.63% (B/.50,570.05 PAB) in the last 24 hours. Last trading day, MAD's trading volume was B/.662,944.22.

More info about MAD on Bitget

Panamanian Balboa information

About Panamanian Balboa (PAB)

The Panamanian Balboa (PAB), introduced in 1904, stands as a unique symbol of Panama's economic history and its close ties with the global economy. It is commonly abbreviated as PAB and represented by the symbol B/. Named after the Spanish explorer Vasco Núñez de Balboa, the currency reflects Panama's strategic role as a global trade hub and its historical linkages with the United States.

Historical Background

The adoption of the Balboa marked a significant chapter in Panama’s financial history, coinciding with the country's independence from Colombia and the beginning of the Panama Canal construction. The Balboa was pegged to the US Dollar at par from its inception, reflecting the economic and political relationship between Panama and the United States, a connection that has remained pivotal to Panama’s monetary policy.

Design and Symbolism

The design of the Panamanian Balboa features iconic national symbols, historical figures, and landmarks that narrate Panama’s rich cultural heritage. Coins bear the image of Vasco Núñez de Balboa, honoring the explorer who influenced Panama's early history. These designs are more than just transactional tools; they resonate with national pride and historical awareness.

Economic Role

As Panama does not issue its own paper currency and uses the US Dollar for all paper money transactions, the Balboa exists primarily in coinage. This unique monetary system underpins Panama's service-based economy, which includes finance, tourism, and the famous Panama Canal. The Balboa’s stability, thanks to its peg to the US Dollar, is crucial for the country’s financial system and economic activities.

Monetary Policy and Stability

The monetary arrangement of using the US Dollar alongside the Balboa coins ensures economic stability, but it also means Panama does not have its own independent monetary policy. This system provides stability and confidence, attracting foreign investment, particularly in the banking and service sectors.

International Trade and the Panamanian Balboa

Given Panama's strategic location and the significance of the Panama Canal, the stability of the Balboa (and its parity with the US Dollar) is crucial in international trade. This stability facilitates the country’s role as a global logistics and trade hub.

Remittances and Economic Impact

Remittances play a significant role in Panama’s economy, with inflows from Panamanians working abroad, especially in the United States. These remittances, converted into Balboas and Dollars, support household incomes and contribute to economic stability.

Bitget crypto-to-fiat exchange data shows that the most popular MAD currency pair is the MAD to PAB, with for MAD's currency code being MAD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PAB.

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How to convert MAD to PAB

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MAD to PAB Conversion tables

The exchange rate of MAD is decreasing.
The exchange rate of 1 MAD to Panamanian Balboa has changed by -6.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.80%, reaching a high of 0.{5}4199 PAB and a low of 0.{5}3781 PAB . One month ago, the value of 1 MAD was B/.0.{5}7407 PAB , which represents a -47.24% change from its current value. Over the last year, MAD has changed by
-B/.
0.{5}4822PAB
, resulting in a change of -55.24% in its value.
24 hours ago1 month ago1 year ago
Amount 04:54 am today 24 hours ago 24h change
0.5 MAD
B/.0.{5}1954B/.0.{5}2074
-5.80%
1 MAD
B/.0.{5}3908B/.0.{5}4148
-5.80%
5 MAD
B/.0.{4}1954B/.0.{4}2074
-5.80%
10 MAD
B/.0.{4}3908B/.0.{4}4148
-5.80%
50 MAD
B/.0.0001954B/.0.0002074
-5.80%
100 MAD
B/.0.0003908B/.0.0004148
-5.80%
500 MAD
B/.0.001954B/.0.002074
-5.80%
1000 MAD
B/.0.003908B/.0.004148
-5.80%

MAD to PAB FAQ

How much is 1 MAD in PAB?
Right now, the price of 1 MAD (MAD) in Panamanian Balboa (PAB) is B/.0.{5}3908.
How much MAD can I buy for 1 PAB?
Based on the current exchange rate, you can get 255,896.36 MAD for 1 PAB.
How do I calculate or convert MAD to PAB?
You can use our MAD to PAB calculator at the top of this page to convert any amount of MAD to PAB. We've also included quick-reference tables for the most popular conversions. For example, 5 PAB is equivalent to 1,279,481.82 MAD, while 5 MAD will cost around 0.{4}1954PAB.
What is the highest price of MAD/PAB in history?
The all-time high price of 1 MAD in PAB is B/.0.{4}7374. It remains to be seen if the value of 1 MAD/PAB will exceed the current all-time high.
What is the price trend of MAD in PAB?
Over the past 7 days, the exchange rate of MAD (MAD) has gone down by 6.84%.   Over the last month, the exchange rate of MAD (MAD) has gone down by 47.24% against Panamanian Balboa (PAB).

What factors influence the conversion rate of MAD to PAB?

There are many factors that affect the relationship between MAD and Panamanian Balboa, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MAD/PAB. When there is positive news in the market about the widespread adoption of MAD or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAD/PAB. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAD/PAB.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MAD/PAB. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of MAD and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular MAD currency pairs: MAD to US Dollar (USD), MAD to Euro (EUR), MAD to Pound Sterling (GBP), MAD to Canadian Dollar (CAD), MAD to Indian Rupee (INR), MAD to Pakistani Rupee (PKR), MAD to Brazilian Real (BRL), MAD to…
The price of MAD in the US is $0.{5}3908 USD. Additionally, MAD’s price is €0.{5}3391 EUR in the eurozone, £0.{5}2904 GBP in the UK, C$0.{5}5366 CAD in Canada, ₹0.0003384 INR in India, ₨0.001109 PKR in Pakistan, R$0.{4}2154 BRL in Brazil, and more.
The most popular MAD currency pair is the MAD to Panamanian Balboa(PAB). The price of 1 MAD (MAD) in Panamanian Balboa (PAB) is B/.0.{5}3908.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.